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Standard Chartered PLC too expensive, suggests Deutsche
An early look at some broker views at the start of the week
Company
LON:ADM
Admiral Group began in January 1993 with just one brand, zero customers and 57 members of staff. By June 2008, the Group had nine brands, over 1.5 million vehicles insured and 2500 members of staff. Group turnover, comprising total premiums written, gross other income and allocated investment income, rose 14% to £472.5 million (H1 2007: £417.8 million).
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An early look at some broker views at the start of the week
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A look at some broker tips on Thursday, including Compass and Admiral
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Also covered: car insurers, Standard Life, Taylor Woodrow and a possible change of financial advisor for Caledonia Mining's chairman
While the FTSE 100 finished at 6,186, down 56 points, shares on London's junior market fared somewhat better.
Contrary to what the spreadbetters foresaw, Footsie was well down at lunch but small caps were rising higher.
Drug giant says Andrew Witty will go in March 2017
Standing at 3,364 the FTSE AIM 100 closed sharply higher, up 86 points or 2.65%.
Investments and investor services
Admiral Group Plc, RSA Insurance Group Plc, Barclays Plc, Meggit Plc, Genel Energy Plc and Fastjet Plc were all in Tuesday’s broker spotlight.
Investments and investor services
Anglo American, Randgold Resources, Amerisur Resources, Barclays, HSBC, and Hunting were all in the broker spotlight on Monday.
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With half an eye on tomorrow's jobs release in the US investors took money off the table
Investments and investor services
Miners rose as the price of the red metal hit a three-and-a-half-month high
Swirling talk on Brexit pros and cons continued on Thursday...
The Kurdistan-focused producer has already predicted a US$1bn impairment charge on its Taq Taq field
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Car insurer Admiral has plenty of 'vroom' left in the tank, reckons broker Numis
Shares in Britain's best known car insurers were boosted today as it emerged premiums have risen 8.1% in the third quarter this year ...
Sainsbury's fuelled rise by forecasting annual profits above expectations
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China's economy is slowing down and Beijing may miss targets, said economists
Disappointing manufacturing data from UK and France failed to lift sentiment
China's economy is slowing down and Beijing may miss targets, said economists